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As other industry sectors are raising the bar in terms of customer expectations, banks must adapt quickly to a new paradigm of customer service. We spoke to Balazs Fejes of EPAM Systems about how outsourcing can give financial institutions more agility.
As a rule, there aren’t many of them: those fast-thinking, hyper-successful CEOs that have their companies on the move, setting strategy for the short term and the long haul, always ready with an all-important pivot, keeping investors happy in one room, developing radical new tactics with a visionary’s confidence in the next, all the while holding competition at bay.
When Arkadiy Dobkin emigrated to the U.S. two decades ago, his first job was washing dishes. Now he employs 10,000 programmers in his native Belarus and elsewhere in eastern Europe, developing software for clients such as Barclays Plc and Expedia Inc.
“This business is about pace,” says Mark Dermody, CIO of cycling and sport retailer e-commerce business Wiggle. But the same is very true of the sports that Wiggle has become one of the leading suppliers to, cycling, triathlon and running. “You can’t grow as quickly as we are without pace,” he says.“This business is about pace,” says Mark Dermody, CIO of cycling and sport retailer e-commerce business Wiggle. But the same is very true of the sports that Wiggle has become one of the leading suppliers to, cycling, triathlon and running. “You can’t grow as quickly as we are without pace,” he says.
In Autumn 2012, Sportmaster Group of Companies created an e-commerce channel for O’STIN, one of its brands. What were the reasons? What were the challenges that the company faced? How important is the transition from multi- to omni-channel distribution for the Russian retail industry? More about this in the CNews interview with German Alekseev, CIO at Sportmaster Group of Companies.
Today’s database systems are being asked to store more information than ever before. According to research firm IDC, the size of data — which it calls the “digital universe” — will grow to 2.7 zetabytes in 2012, up 48 percent from 2011’s record year. This growth is unprecedented, and we must be able to manage databases that contain significantly more information that needs to be retrieved in less and less time. It is more important than ever to understand the options Oracle provides to users within the database that can truly empower your applications regardless of the size of your data sets.